Saudi Heir Invests $216 Million In Game Developer

We are, as always, excited to share the news from the eSports world as it continues growing! The MiSK foundation, a non-profit organization established by Saudi crown prince Mohammad bin Salman, invested $216 million in a game development studio. Currently the foundation controls 33.3% of its shares. Mohammad bin Salman’s non-profit was created to “develop and encourage education and leadership among youth for the betterment of Saudi Arabia”. The chairman of the foundation is the crown prince of the country.

Esports today is one of the most popular trends among youth, and it shouldn’t be ignored! TimeCoin is hard at work developing eSports all over the world — the eSportStars platform allows you to keep track of the latest news of the company, organize or watch tournaments!